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To: Alex who wrote (36297)7/2/1999 6:05:00 AM
From: d:oug  Respond to of 116933
 
Alex, sometimes facts in front of me are like pieces to a zig saw puzzle
and I try to move them around seeing if any fit together so that a picture
might appear to tell me whats happening.

I have two pieces, one is from your post about

<<NYSE and the Securities & Exchange Commission might lead some people to believe that the issue of illegal activity on the world's biggest stock trading floor has been wrapped up, that...>>

and the other is what I heard on the CNN business news about extended
hours for trading, and that the exchanges decided not to implement it now
but wait until next year.

Can these two pieces be connected ?

Maybe the reason the exchanges decided not to extend hours now was
because they know that the SEC is going to disclose a lot more illegal
activity and put things "up in the air" until their investigation is completed.

Or maybe these 2 pieces I see are for seperate zig saw puzzles, each
with a picture not related to the other.

Thanks
Doug



To: Alex who wrote (36297)7/2/1999 7:59:00 AM
From: Rarebird  Read Replies (1) | Respond to of 116933
 
The Prices Paid Index on the NAPM came in at 53.5 up from 52.2 in the month of May. If you'd listen to CNBC ( which I rarely do anymore ) and the "Bond Babe", there was merely a casual mention of the 53.5 figure without mentioning the extent of the rise from the previous month. This American economy is in such a perilous state, hanging on the threads of bigger fools paying up for already over inflated stock prices, that it's difficult to get a accurate assessment of what is really going on in the economy anymore if you listen to CNBC.